Paid extra while buying a car? That TCS isn’t lost — here’s how you get it back

If you bought a car costing over Rs 10 lakh, you probably paid 1% extra as TCS. That money isn’t a tax you lose — but many ...
Business Today

Paying TCS on remittances or foreign travel? Don’t forget to do these things to claim refund while filing ITR

The revised Tax Collected at Source or TCS regulations concerning remittances and foreign travel are being implemented starting from October 1. Under the new regulations, a 5 per cent TCS is ...
Business Today

Tax collected at source on foreign travel: All you need to know about TCS, consequences of late, incorrect filing

TCS is the tax collected by the seller from the buyer It isn’t an additional tax You can claim it back while filing ITR Do you know that from October 1, the Government of India (GOI) will levy 20 per ...